Potash America (Potash America) Interest Expense : $-0.07 Mil (TTM As of Dec. 2013)

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What is Potash America Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Potash America's interest expense for the three months ended in Dec. 2013 was $ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was $-0.07 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Potash America's Operating Income for the three months ended in Dec. 2013 was $ -0.08 Mil. Potash America's Interest Expense for the three months ended in Dec. 2013 was $ -0.02 Mil. Potash America did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Potash America Interest Expense Historical Data

The historical data trend for Potash America's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Potash America Interest Expense Chart

Potash America Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Interest Expense

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-0.03

-0.07

Potash America Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.02	-0.02

Potash America Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 Mil.

Potash America (OTCPK:PTAM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Potash America's Interest Expense for the three months ended in Dec. 2013 was $-0.02 Mil. Its Operating Income for the three months ended in Dec. 2013 was $-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was $0.00 Mil.

Potash America's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Potash America did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Potash America (Potash America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Potash America Inc (OTCPK:PTAM) » Definitions » Interest Expense

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Address

501 Las Olas Boulevard, Suite 247, Fort Lauderdale, FL, USA, 33301

Website

https://www.potashamerica.net

Potash America Inc focuses on industries such as renewable energy, commercial agriculture, green energy technology, health and wellness, cannabis/hemp development, and environmentally responsible mining and exploration.

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